Virtual Reality Startup Among New Incubator Residents

Posted on: April 25, 2017

The Power Plant Business Incubator has welcomed five startups as new Residents in recent months. The latest among them is Twelve Eight Media, a company which designs, develops, and implements interactive digital solutions and content – including apps for virtual and augmented reality.

For those unfamiliar with the technology, while virtual reality immerses the viewer entirely in a three-dimensional environment, augmented reality superimposes virtual graphics over-top the viewer’s real-world experience.

“Just like any wave of technology such as the computer, the internet, smartphones, etc... augmented and virtual reality will soon be an essential part of your daily life. It is an absolute dream come true to have the opportunity to shape the future of this technology,” said Matthew Buckman, CEO & Founder of Twelve Eight Media.

Seth Farley, EVP & Creative Director of the company said, “I feel like we are all family working here at the Incubator. Everyone here makes this an exciting place to be and grow our company.”

In addition to office space, companies at the Power Plant Business Incubator benefit from business connections through the Ocala/Marion County Chamber & Economic Partnership (CEP), education and training opportunities, mentoring, and access to capital. Companies spend an average of three years in the program before “graduating” into a larger space in the community. In addition to the CEP, the Incubator is also supported by the City of Ocala and Marion County.

* * * The Ocala/Marion County Chamber and Economic Partnership was created to be a one-stop hub for the community’s business attraction, creation and retention efforts. The CEP’s mission is to be THE catalyst for a prosperous community. The Moving Forward plan seeks to impact the creation of 3500 new jobs with wages 15% above the county average and resulting in a capital investment of $225 million by 2018. For more information, visit: www.OcalaCEP.com # # #